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U.S.-China Tensions Rise Amid Hong Kong and Trade Concerns

  • U.S.-China Tensions Rise Amid Hong Kong and Trade Concerns U.S.-China Tensions Rise Amid Hong Kong and Trade Concerns 2:17
    Coronavirus Update: U.S. Closes, Fed Rate Cut and Deaths Outside China Coronavirus Update: U.S. Closes, Fed Rate Cut and Deaths Outside China 1:57
    China's Toy Factories Transformed by Tariffs-That Didn't Kick In China's Toy Factories Transformed by Tariffs-That Didn't Kick In 5:57
    Free Speech vs. Chinese Market: U.S. Companies Face Tough Choice Free Speech vs. Chinese Market: U.S. Companies Face Tough Choice 3:31
9:42 a.m. Today - By Ciara Linnane
Coronavirus update: U.S. case tally climbs above 4.8 million as Trump contradicts health experts to claim virus will ‘go away’ ‘Anyone can open a school in a pandemic; keeping them open is going to be the challenge,’ says former CDC head Tom FriedenThe number of confirmed cases of the coronavirus that causes COVID-19 in the U.S. rose above 4.8 million on Thursday, a day after President Donald Trump again said the virus would just “go away,” while one of his leading health-care experts said the virus is unlikely to be under control until late 2021.
5:16 a.m. Today - By Steve Goldstein
Here’s the worrying message the market is sending about the economic recoverySure, the S&P 500 has rallied from the March lows. But other market indicators are telling a worrying story about the economy.
7:31 p.m. Aug. 5, 2020 - Associated Press
Asian markets mixed as U.S. talks on stimulus plan stall Stocks fall in Tokyo and Shanghai, but surge in Hong KongStocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling.
5:12 p.m. Aug. 5, 2020 - Associated Press
Pompeo calls for ‘untrusted Chinese apps’ to be pulled from Apple, Google app stores Expansion of Chinese-tech crackdown comes without specifics, may be illegalU.S. Secretary of State Mike Pompeo on Wednesday called for a big expansion of U.S. government curbs on Chinese technology, saying that it wants to see “untrusted Chinese apps” pulled from the Google and Apple app stores
7:47 p.m. Aug. 4, 2020 - Associated Press
U.S. sending Azar to visit Taiwan in move likely to enrage China Highest-level visit by U.S. official in 41 yearsThe U.S. says Health and Human Services Secretary Alex Azar will visit Taiwan in coming days in the highest-level visit by an American Cabinet official since the break in formal diplomatic relations between Washington and Taipei in 1979.
3:32 p.m. Aug. 4, 2020 - By Lingling Wei
U.S., Chinese officials to meet Aug. 15 to assess trade-deal compliance High-level talks also likely to touch on U.S. crackdown on Chinese tech companiesThe U.S. and China have agreed to high-level talks on Aug. 15 to assess Beijing’s compliance with the bilateral trade agreement signed early this year, according to people briefed on the matter.
11:37 a.m. Aug. 4, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally at 4.74 million as New Jersey, Massachusetts and Connecticut see infections climb again Cinemark’s revenue falls 99% as theaters remain closed, and Mallinckrodt says it is looking at possible bankruptcyThe U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins University showed, although cases were rising in some states that had seemed to get the spread under control earlier this year.
8:15 p.m. Aug. 3, 2020 - Associated Press
Asian markets join global rally as S&P 500 nears record Stocks jump in Tokyo, Seoul, SydneyShares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February.
12:01 p.m. Aug. 3, 2020 - By Sunny Oh
Treasury yields climb after factory data offers positive sign for global economyU.S. Treasury yields rise Monday as strong manufacturing data across the U.S., Europe and China suggests the recovery in the global economy was ongoing despite mounting worries how rising coronavirus infections could stall growth.
10:32 a.m. Aug. 3, 2020 - By Jurica Dujmovic
The potential abuses of a coronavirus ‘health passport’ are downright frightening Western countries should resist tracking apps, even in the name of health and safetyWestern countries should resist tracking apps, even in the name of health and safety, argues Jurica Dujmovic.
8:14 p.m. Aug. 2, 2020 - Associated Press
Asian markets mixed as growth data offsets fears Stocks jump in Tokyo, mainland China after economic dataAsian shares were mixed on Monday as investors eyeballed surging coronavirus cases in the region.
12:38 p.m. Aug. 2, 2020 - Associated Press
Pompeo says TikTok isn’t the only Chinese company that Trump will take action against Pompeo accuses companies of ‘feeding data directly to the Chinese Communist Party’President Donald Trump plans to take action on a what he sees as a broad array of national security risks presented by software connected to the Chinese Communist Party, Secretary of State Mike Pompeo said Sunday.
12:57 p.m. Aug. 1, 2020 - Associated Press
Biden eyes major foreign policy shifts if he wins Americans could expect Biden to re-engage with traditional allies. Should former Vice President Joe Biden win the White House in November, America will likely be in for a foreign policy about-face as Biden reverses, dismantles or severely curtails many of President Donald Trump’s most significant and boldest actions.
12:44 p.m. Aug. 1, 2020 - By Cara Lombardo
Microsoft and Bytedance put TikTok talks on hold after Trump signals opposition Talks may not be dead, but the companies are trying to get clarity on White House’s stanceMicrosoft Corp. has paused negotiations to buy the U.S. operations of the video-sharing app TikTok after President Trump said late Friday he opposes the deal, according to people familiar with the matter.
10:37 a.m. July 31, 2020 - By Victor Reklaitis
Trump may make moves Friday on TikTok sale and aluminum tariffs: reportsPresident Donald Trump plans to announce a decision ordering China's ByteDance Ltd. to divest its ownership of the U.S.-based video-sharing app TikTok amid national-security concerns, and the decision could be announced as soon as Friday, said a citing unnamed sources. "We are looking at a lot of alternatives with respect to TikTok," Trump told reporters Friday. Meanwhile, an said the Trump administration could impose new tariffs or other restrictions on Canadian aluminum as soon as Friday.
8:22 p.m. July 30, 2020 - Associated Press
Asian markets fall after grim U.S. GDP data Stocks sink in Tokyo and Sydney, but rise slightly in Hong Kong and mainland ChinaAsian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33% annual pace in the spring, the worst quarter on record.
12:04 p.m. July 30, 2020 - By Ciara Linnane
Coronavirus update: U.S. death toll tops 150,000 as Florida, California, North Carolina and Idaho set one-day records Earnings season cranks into high gear with numbers coming from Amazon, Apple, Google and FacebookThe U.S. counted more than 1,400 deaths from the coronavirus illness COVID-19 on Wednesday, boosting the total to more than 150,000, as Florida, California, North Carolina and Idaho all recorded record single-day totals, in the latest sign the pandemic is far from contained.
7:52 a.m. July 30, 2020 - By Michael Ashbaugh
Charting a GDP-fueled downdraft, Dow industrials challenge 200-day average Focus: Transports sustain July break atop 200-day average, IYT, TWLO, BSX, PENN, HOMEU.S. stocks are lower early Thursday, pressured after an ugly second-quarter GDP report, signaling an economy contracting at a record 32.9% annual pace. Against this backdrop, the S&P 500 has maintained its range bottom — the 3,200 mark — while the Dow industrials have pulled in to a headline test of the 200-day moving average, currently 26,230.
8:12 p.m. July 29, 2020 - By Marketwatch
Asian markets mixed as Fed keeps interest rates unchanged Nikkei about flat, while stocks gain in Hong KongAsian markets gained early Thursday, after the U.S. Federal Reserve left interest rates unchanged, as expected, and the CEOs of big tech companies emerged from a House antitrust hearing relatively unscathed.
9:01 p.m. July 28, 2020 - Associated Press
Asian markets mixed amid gloomy earnings and pandemic concerns Nikkei slips, while stocks in Hong Kong and Shanghai gainAsian markets were mixed Wednesday as traders awaited the results of the U.S. Federal Reserve’s latest meeting.
9:00 p.m. July 28, 2020 - By Marketwatch
Asian markets mixed amid gloomy earnings and pandemic concerns Nikkei slips, while stocks in Hong Kong and Shanghai gainAsian markets were mixed Wednesday as traders awaited the results of the U.S. Federal Reserve’s latest meeting.
11:08 a.m. July 28, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally climbs above 4.30 million as Texas becomes fourth state with more than 400,000 cases Pfizer, McDonald’s, 3M and Raytheon Technologies are latest Dow components to report earnings with mixed resultsThe U.S. tally for confirmed cases of the coronavirus illness COVID-19 climbed above 4.30 million on Tuesday, and the death toll exceeded 148,000, after Texas became the fourth state with more than 400,000 cases, joining California, Florida and early hot spot New York.
5:54 a.m. July 28, 2020 - Associated Press
Chinese CDC head gets injected with experimental coronavirus vaccine Gao Fu says its an attempt to persuade the public to follow suit when a vaccine is approvedThe head of the Chinese Center for Disease Control and Prevention says he has been injected with an experimental coronavirus vaccine in an attempt to persuade the public to follow suit when one is approved.
8:04 p.m. July 27, 2020 - Associated Press
Asian markets advance after Wall Street rally, and as gold extends gains Stocks edge higher in Hong Kong, Shanghai despite rising U.S.-China tensionsShares advanced in Asia on Tuesday after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to nearly $1,970 per ounce.
12:13 p.m. July 27, 2020 - By William Watts
Here’s what the U.S. dollar’s fall means for the stock market Weaker dollar should be a positive, but foreign stocks will benefit more: analystsBarring some sort of currency meltdown, a weaker dollar should be a positive for equities, though foreign stocks will likely benefit more, analysts say.
11:10 a.m. July 27, 2020 - By Myra P. Saefong
Oil gets a boost from a weaker dollar, but coronavirus worries limit the price rise Traders continue to watch U.S.-China developmentsOil futures give up early losses Monday, buoyed by a drop in the U.S. dollar index to its lowest in two years, but the continued spread of COVID-19 and its impact on the economy limit the rise in prices.
10:07 a.m. July 27, 2020 - By Myra P. Saefong
Gold price marks highest settlement and intraday price on record Silver tops $24/oz for highest finish since 2013Fresh gains for gold on Monday take it ever closer to a $2,000 level that some analysts see as a distinct possibility.
5:25 a.m. July 27, 2020 - By Howard Gold
Wall Street turns a blind eye to atrocities committed in China Governments, including the Trump administration, have denounced ethnic cleansing in Xinjiang, yet financial firms have done littleGovernments, including the Trump Administration, have denounced ethnic cleansing in Xinjiang. Financial firms have done little.
9:44 p.m. July 26, 2020 - Associated Press
China takes control of U.S. consulate in Chengdu China ordered facility shut in retaliation for Houston consulate closure, amid rising tensions with U.S.The U.S. says it has closed its consulate in Chengdu, China. China ordered the consulate closed in retaliation for a U.S. order to shut down the Chinese Consulate in Houston last week.
12:32 p.m. July 24, 2020 - By Sunny Oh
30-year Treasury yield falls below 1.25% as investors weigh geopolitical tensions against improving eurozone dataU.S. Treasury yields held steady on Friday as investor worries around worsening relations between the world’s two largest economies was offset by signs that the eurozone economic recovery remained on track.
11:54 a.m. July 24, 2020 - By Jennifer J. Schulp
The ‘Holding Foreign Companies Accountable Act’ has all the nuance of a sledgehammer Legislation that targets Chinese companies listed on U.S. stock markets places the SEC in a geopolitical minefieldLegislation that targets Chinese companies listed on U.S. stock markets places the SEC in a geopolitical minefield.
11:18 a.m. July 24, 2020 - By Myra P. Saefong
Oil ends modestly higher, supported by signs of economic recovery, even as China-U.S. tensions flare up Strong manufacturing and services data out of Europe and Tropical Storm Hanna provide support for oil Oil futures end with a modest gain Friday, with U.S. prices up more than 1% for the week, as investors weigh some signs of economic improvement against tensions between the world’s biggest economic superpowers, both of which may influence global energy demand.
11:10 a.m. July 24, 2020 - By Ciara Linnane
Coronavirus update: Global case tally climbs to 15.6 million and U.S. hits 4.07 million as virus spreads fast in Florida, California and Texas Three members of the Dow Jones Industrial Average — Intel, American Express and Verizon — reported earnings with mixed resultsThe number of confirmed cases of the coronavirus illness COVID-19 climbed to 15.6 million on Friday, and the U.S. case tally hit 4.07 million as the virus continued to spread in the South and West and more states reported that health care systems are steadily being overwhelmed.
2:05 a.m. July 24, 2020 - By Ciara Linnane
Coronavirus update: Global COVID-19 cases top 15 million, U.S. cases pass 4 million, and California has more cases than New York Tesla surprises investors with an adjusted profit even after it was beset by pandemic-related stoppages at California plantThe number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 15 million on Thursday and the U.S. case tally passed 4 million, as California’s case tally rose above early U.S. hot spot New York following a surge in new infections in recent weeks.
1:44 p.m. July 23, 2020 - By Robert Schroeder
‘Distrust and verify’: Pompeo urges ‘every nation’ to join U.S. in confronting China Engagement with Beijing has failed, secretary of state says Secretary of State Mike Pompeo on Thursday called on governments around the world to join the U.S. in confronting China’s Communist Party leaders, saying in a fiery election-year speech that engagement with Beijing has failed.
7:34 p.m. July 22, 2020 - Associated Press
Asian markets retreat after Wall Street’s advance Stocks sink in Shanghai as U.S.-China tensions rise; Seoul stocks fall as South Korea’s GDP contracts furtherShares fell in Asia on Thursday, with the region’s biggest market in Tokyo closed for a four-day weekend.
11:02 a.m. July 22, 2020 - By Myra P. Saefong
Oil prices end with a slight loss after unexpected build in U.S. supplies Weakness in the U.S. dollar limits losses for oilOil futures finish with a modest loss Wednesday, pulling back a day after settling at their highest since March, pressured by an unexpected weekly climb in U.S. crude stockpiles, as rising tensions between the U.S. and China raise the potential for a decline in energy demand. Weakness in the dollar, however, cap losses for oil.
8:57 a.m. July 22, 2020 - By Henry Ren
Romney calls for U.S. to ‘take action collectively’ with other nations against China ‘I believe China can be dissuaded from the course they’re on,’ says Utah RepublicanSen. Mitt Romney is calling for the U.S. to lead a coalition of countries that embrace fair trade to push China to stop its predatory pricing and theft of intellectual property.
6:57 a.m. July 22, 2020 - By Robert Schroeder
Pompeo says the U.S. is setting ‘clear expectations’ for China, as Houston consulate ordered closed Secretary of state planning China policy speech Thursday Secretary of State Mike Pompeo on Wednesday said China is stealing U.S. intellectual property, as the Asian nation’s Houston consulate was ordered to be shut down.
2:39 a.m. July 22, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally climbs above 3.8 million; President Trump appears to have changed his view on face masks IBM posts better-than-expected earnings, while Coca-Cola revenue is light but drinks giant expects worst of pandemic is pastThe number of confirmed cases of the coronavirus illness COVID-19 in the U.S. rose above 3.8 million on Tuesday, and President Donald Trump appeared to change his view of face masks in the face of falling poll numbers.
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